Fees & Unstaking

Unstaking Methods

stFOGO can be instantly converted back to FOGO through two primary methods, each with different characteristics to suit your needs.

1. Native

Withdraw directly from the protocol using the pool’s reserves:

• Speed: Instant
• Slippage: None - you receive the exact exchange rate
• Capacity: Limited to 1% of total pool value (TVL)
• Rebalancing: Reserves are replenished every Fogo epoch to ensure sufficient liquidity
• Best for: Quick exits when reserve capacity is available

The 1% reserve is carefully maintained to balance instant liquidity with capital efficiency. After significant withdrawals, the reserve is automatically refilled during the next Fogo epoch rebalancing.

2. DEX

Swap stFOGO for FOGO on decentralized exchanges like Valiant :

• Speed: Instant
• Slippage: Subject to market conditions and liquidity depth
• Capacity: No limit - depends on DEX liquidity
• Fee: Slightly higher than in-protocol withdrawals due to DEX trading fees
• Best for: Large withdrawals exceeding reserve capacity or when reserves are temporarily depleted (until the next epoch rebalance)

DEX liquidity typically remains robust, ensuring you can exit your position at any time regardless of reserve availability.

Fee Structure

Brasa maintains a transparent and straightforward fee structure designed to sustain protocol operations while keeping costs minimal for users.

Staking Rewards Commission

10% commission on staking rewards earned by the pool

• Supports protocol development and maintenance
• Covers operational costs
• Funds ongoing security audits and improvements
• You still earn 90% of all staking rewards

Deposit Fee

0% fee on deposits

• No cost to stake your FOGO
• No barriers to entering the protocol

Withdrawal Fee

0.2% fee on withdrawals

This small fee serves an important security function. Without it, attackers could exploit an edge case in the canonical SPL Stake Pool design that could allow them to extract yield from the pool. For more technical details, see the SPL Stake Pool documentation on fees .

Summary

The fee structure is designed to be competitive while ensuring long-term protocol sustainability and security.